Tags : Ripple

Regulation

Former SEC Director who led Ripple action lands new role

According to news outlet Bloomberg, Marc Berger, who stepped down from his role at the US Securities and Exchange Commission (SEC) in January, will join New York-based Simpson Thacher in June. Berger was instrumental in bringing legal action against Ripple on allegations of selling an unregistered security in the XRP token. A key point throughout […]Read More

Cryptocurrency

SEC v. Ripple takes new turn, setting XRP up for

SEC v. Ripple takes new turn, setting XRP up for potential future growth | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest News › XRP › U.S. › Legal Speculation mounts around XRP after the SEC v. Ripple case took a new turn. Ali Martinez […]Read More

Regulation

Judge grants XRP holders’ request for motion to intervene in

After being rejected initially, the group of XRP holders led by lawyer John Deaton has ultimately been allowed to file a motion to intervene in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, according to a court order published yesterday. “The Court has reviewed the parties’ and proposed intervenors’ […]Read More

Bitcoin

SEC case against Ripple could see Bitcoin and Ethereum pulled

In the on-going case of Ripple vs. the U.S. Securities and Exchange Commission (SEC), last week, the SEC refused to produce documentation on Bitcoin and Ethereum. They argued that the request is irrelevant to this case. However, yesterday, Ripple Labs filed a response letter with magistrate judge Sarah Netburn, requesting the SEC submit the documentation […]Read More

Regulation

Ripple boss appears on Axios calling SEC lawsuit “misguided”

Ripple CEO Brad Garlinghouse appeared on Axios to call the Securities and Exchange Commission (SEC) lawsuit against his firm misguided. Speaking on HBO’s Axios news series, Garlinghouse appeared in good spirits. Referencing the SEC’s non-action over an eight-year period, he even laughing at interviewer Dan Primack’s joke on no give-backs as a defense strategy. Garlinghouse […]Read More

Regulation

Ripple says no trouble in Asia despite SEC lawsuit

Ripple, the blockchain-based payments firm, is in trouble with US authorities but says its Asian business remains unaffected. Ripple going strong Payments firm Ripple claims it has not experienced any unwanted circumstances in the Asia Pacific region despite being pursued by the US Securities and Exchange Commission, as per a report today by Reuters. Ripple […]Read More

Cryptocurrency

XRP price spikes as Ripple pushes back against SEC’s $1.3

The price of now-embattled cryptocurrency XRP surged by up to 86%—just a day after Ripple Labs filed its response to the U.S. Securities and Exchange Commission’s (SEC) $1.3 billion lawsuit hanging over the company’s head. At press time, XRP was trading at around $0.47 per token, up 55.1% on the day. Simultaneously, the crypto’s price […]Read More

Regulation

New class-action lawsuit against Ripple (XRP) filed in Florida

Florida resident Tyler Toomey has filed a class-action lawsuit against Ripple Labs, the blockchain-focused firm behind XRP cryptocurrency, alleging that the company violated the state’s securities laws by selling its tokens. This comes on the heels of the Securities and Exchange Commission (SEC) filing a $1.3 billion lawsuit against Ripple with similar allegations. “This is […]Read More

Market

Japan Rallies Behind XRP as Ripple Faces US Litigation

“I’m not selling,” Makoto, a Japanese entrepreneur and XRP investor, told CoinDesk. Makoto first bought the digital token XRP in 2017, a year after its issuer, San Francisco-based Ripple Labs, launched a joint venture with one of Japan’s most respected financial services institutions, SBI Holdings Inc.  Soon after, the popularity of XRP soared in Japan.  […]Read More